notarius (noh-tair-ee-[schwa]s), n. [fr. Latin nota “a character or mark”] 1. Roman law. A writer (sometimes a slave) who takes dictation or records proceedings by shorthand. • A notarius was later also called a scriba. 2. Roman law. An officer of the court who takes a magistrate’s dictation by shorthand. Cf. SCRIBA. 3. Hist. An […]
malicious mischief. The common-law misdemeanor of intentionally destroying or damaging another’s property. • Although modern statutes predominantly make this offense a misdemeanor, a few make it a felony (depending on the nature of the property or its value). See Model Penal Code § 220. 3. — Also termed malicious mischief and trespass; malicious injury; malicious
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authentication, n. 1. Broadly, the act of proving that something (as a document) is true or genuine, esp. so that it may be admitted as evidence; the condition of being so proved (authentication of the handwriting). [Cases: Criminal Law 444; Evidence 366–381.] 2. Specif., the assent to or adoption of a writing as one’s own.
malum prohibitum (mal-[schwa]m proh-hib-i-t[schwa]m), n. [Latin “prohibited evil”] An act that is a crime merely because it is prohibited by statute, although the act itself is not necessarily immoral. • Misdemeanors such as jaywalking and running a stoplight are mala prohibita, as are many regulatory violations. Pl. mala prohibita. Cf. MALUM IN SE. — malum
A depreciation method that writes off the cost or other basis of the asset by deducting the expected salvage value from the initial cost of the capital asset, and dividing the difference by the asset’s estimated useful life.
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autolimitation, n. An authority’s establishment of rules that, in effect, limit the authority’s own power. — auto-limit, vb. “The theory of Jellinek (Allgemeine Staatslehre), so far as the writer understands it, is not an explanation either. In his view something which he calls the State, not defined, but, as it seems, a group of persons,
direct placement. 1. The sale by a company, such as an industrial or utility company, of an entire issue of securities directly to a lender (such as an insurance company or group of investors), instead of through an underwriter. • This type of offering is exempt from SEC filing requirements. 2. PRIVATE PLACEMENT(1).
Underwriting in which the underwriter agrees, for a fee, to buy from the issuer any unsold shares remaining after the public offering. — Also termed strict underwriting.
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standby commitment. An arrangement between an underwriter and an issuer of securities whereby the underwriter agrees, for a fee, to buy any unsold shares remaining after the public offering. — Also termed standby underwriting agreement.
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price memorandum. Securities. A document created by an underwriter to explain how securities are priced for a public offering and, typically, to show estimates and appraisals that are not allowed as part of the offering documents.